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Home / Opinion Digests / Banks & Banking – FIRREA – Receiver (access required)

Banks & Banking – FIRREA – Receiver (access required)

Although plaintiff claimed he relied on the bank's loan commitment to provide permanent financing on an office complex and parking deck he had purchased, but plaintiff did not take the necessary steps as specified in the loan commitment to accept the bank's financing prior to the appointment of the Resolution Trust Corporation as receiver for ...

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